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Inflation rose less than expected in May, a month when the effects of higher tariffs were starting to become more widespread.
Energy declined 1% on the month, while new and used vehicle prices posted respective declines of 0.3% and 0.5%. Within energy ...
U.S. inflation saw a slight increase in May, with consumer prices rising 2.4% year-over-year, driven by higher food costs.
Inflation moved up in May as Trump's tariffs threatened to filter into consumer prices, CPI report shows. Gasoline prices ...
U.S. consumer prices rose less than expected in May, influenced by cheaper gasoline but restrained by mounting import tariffs ...
Analysts predict stock market volatility this week due to the Iran-Israel conflict, crude oil prices, US Fed rate decision, ...
Both core and headline CPI came in below expectations, but economists say tariff risks and solid job growth leave the Fed in ...
St. Louis Fed President Alberto Musalem assesses a 50-50 chance of Trump's trade war triggering sustained inflation, creating ...
U.S. consumer prices rose slightly in May, driven by housing costs and partially offset by cheaper gasoline. Inflation's ...